Fed Slows Move on Plan to Regulate Foreign Banks

WASHINGTON—The U.S. Federal Reserve will give banks and the public an additional month to weigh in on a far-reaching plan to regulate foreign banks such as Deutsche Bank AG and Barclays PLC.

The Fed said Friday it would now accept comments until April 30, pushing back the original March 31 deadline to give "interested persons more time to analyze the issue and prepare their comments." The slower pace represents a compromise...